Fineland Real Estate Services Group (9978) AI Stock Analysis

• Market Cap: HK$42.00M
• Dividend Yield: N/A
• Average Volume (3M): 29.20K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.87
• Revenue Growth: -11.27%
• EPS Growth: -30.65%
• Country: HK
• Employees: 1,632
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): -0.02
• Shares Outstanding: 400,000,000
• 10 Day Avg. Volume: 2,800
• 30 Day Avg. Volume: 29,200
• PEG Ratio: -0.01
• Price to Book (P/B): 0.67
• Price to Sales (P/S): 0.06
• P/FCF Ratio: 2.34
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 58 Neutral
• Price Target: HK$0.00 ▼(-100.00% Downside)

The overall stock score is primarily influenced by the company's financial performance challenges, including declining revenues and profitability. However, the technical analysis shows a positive trend, which provides some optimism. The valuation remains weak due to negative earnings and lack of dividends.

Fineland Real Estate Services Group Business Overview & Revenue Model

Company Description

Fineland Real Estate Services Group (9978) is a comprehensive real estate services firm specializing in property management, real estate brokerage, and investment advisory. Operating in both residential and commercial sectors, the company offers a wide range of services including property leasing, sales, market analysis, and strategic investment guidance. With a commitment to providing exceptional client service, Fineland aims to deliver value-driven solutions tailored to the unique needs of property owners, tenants, and investors.

How the Company Makes Money

Fineland Real Estate Services Group generates revenue through multiple streams, primarily from property management fees, real estate sales commissions, and advisory service charges. The company earns a percentage of rental income from properties it manages, which constitutes a significant portion of its revenue. Additionally, Fineland charges commissions on successful real estate transactions, including sales and leases, further boosting its earnings. Partnerships with local developers and financial institutions enhance its service offerings and may provide referral fees or collaborative revenue opportunities. The company's diverse portfolio and strategic market positioning allow it to capitalize on various real estate trends and client needs, ensuring robust financial performance.

Fineland Real Estate Services Group Financial Statement Overview

Summary

The company faces significant challenges with declining revenues and profitability, as evidenced by negative margins and return on equity. Despite these issues, the company maintains a low debt level and has shown improvements in free cash flow generation.

Income Statement

The company's income statement reveals declining revenue with a negative growth rate of -2.45% TTM. Gross profit margin has decreased to 15.57% from previous years, and net profit margin is negative at -19.42%, indicating significant losses. EBIT and EBITDA margins are also negative, reflecting operational inefficiencies and challenges in managing costs.

Balance Sheet

The balance sheet shows a low debt-to-equity ratio of 0.03, suggesting conservative leverage. However, the return on equity is significantly negative at -213.75% TTM, indicating poor profitability relative to shareholder equity. The equity ratio stands at a moderate level, reflecting a stable asset base.

Cash Flow

Cash flow analysis indicates a positive free cash flow growth rate of 19.02% TTM, showing improvement in cash generation. The operating cash flow to net income ratio is low at 0.06, suggesting limited cash flow relative to net losses. However, the free cash flow to net income ratio is relatively high at 0.91, indicating better cash conversion efficiency.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	351.45M	369.10M	426.78M	511.94M	571.41M	276.73M
Gross Profit	54.71M	59.27M	87.03M	102.27M	138.61M	50.22M
EBITDA	-63.67M	-78.22M	-56.90M	33.96M	36.47M	19.79M
Net Income	-68.26M	-76.93M	-60.61M	18.16M	20.20M	10.91M
Balance Sheet
Total Assets	348.24M	366.74M	478.29M	573.84M	454.17M	219.91M
Cash, Cash Equivalents and Short-Term Investments	104.30M	65.78M	92.52M	118.20M	90.84M	138.48M
Total Debt	867.00K	994.00K	20.57M	35.94M	3.99M	7.11M
Total Liabilities	270.62M	281.02M	305.37M	336.33M	249.12M	77.86M
Stockholders Equity	29.81M	34.05M	112.77M	173.24M	158.84M	140.75M
Cash Flow
Free Cash Flow	14.37M	9.78M	88.00K	15.78M	-21.92M	42.55M
Operating Cash Flow	15.76M	11.97M	4.82M	17.06M	-17.83M	42.80M
Investing Cash Flow	-8.08M	-8.82M	-11.15M	-20.39M	-23.08M	1.19M
Financing Cash Flow	-17.80M	-26.51M	-23.36M	30.81M	-7.20M	-4.13M

Fineland Real Estate Services Group Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.10
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:9978, the sentiment is Positive. The current price of 0.1 is above the 20-day moving average (MA) of 0.09, above the 50-day MA of 0.09, and above the 200-day MA of 0.07, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 60.07 is Neutral, neither overbought nor oversold. The STOCH value of 62.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:9978.

Fineland Real Estate Services Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2270	―	HK$1.98B	50.71	11.60%	―	21.08%	-18.26%
2869	―	HK$14.75B	17.19	10.30%	2.91%	-0.95%	14.89%
6049	―	HK$18.59B	11.29	15.94%	4.33%	6.54%	3.26%
Sector *	―	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
6666	―	HK$12.00B	11.19	185.17%	―	4.74%	-21.33%
9978	―	HK$42.00M	―	-107.26%	―	-11.27%	-30.65%

Fineland Real Estate Services Group Corporate Events

Fineland Living Services Group Enhances Nomination Committee

Fineland Living Services Group Limited announced changes in its Nomination Committee, appointing Ms. Tse Lai Wa and Mr. Du Chenhua as new members, effective August 28, 2025. This decision aligns with recent amendments to the Hong Kong Stock Exchange’s Listing Rules and the Corporate Governance Code, aiming to enhance board effectiveness and diversity, thereby strengthening the company’s corporate governance practices.

Fineland Living Services Group Announces Board Composition

Fineland Living Services Group Limited has announced the composition of its board of directors and their respective roles within the company. The board comprises both executive and independent non-executive directors, with specific members assigned to audit, remuneration, and nomination committees. This announcement provides clarity on the governance structure of the company, potentially impacting its strategic direction and stakeholder confidence.

Fineland Living Services Group Enhances Governance with Revised Nomination Committee Terms

Fineland Living Services Group Limited has revised and adopted the terms of reference for its Nomination Committee, which was initially established in 2017. The committee comprises a minimum of three members, with a majority being independent non-executive directors, and is responsible for overseeing the nomination process within the company. This move is likely to enhance the company’s governance structure and ensure a diverse and independent board, which could positively impact its market positioning and stakeholder confidence.

Fineland Living Services Group Reports Interim Loss, Raises Going Concern Doubts

Fineland Living Services Group Limited has announced its unaudited interim financial results for the first half of 2025, reporting a net loss of approximately RMB 6.52 million. The company’s current liabilities exceeded its current assets by approximately RMB 36.17 million, raising concerns about its ability to continue as a going concern, which may impact stakeholders and its market positioning.

Fineland Living Services Group Schedules Board Meeting for Financial Review

Fineland Living Services Group Limited has announced a board meeting scheduled for August 28, 2025, to review and approve the company’s unaudited condensed consolidated financial results for the first half of 2025. The meeting will also consider the payment of an interim dividend, which could impact shareholder returns and the company’s financial strategy.